Robinhood launches testnet version of ‘Robinhood Chain’



Robinhood announced on Tuesday evening that the developer version of its custom-built blockchain, known as Robinhood Chain, is now live. The move, announced at the Consensus event in Hong Kong, comes as the company accelerates its push into crypto-based financial services, including tokenized versions of popular stocks.

Robinhood Chain, where the company was attempted in Juneis currently in the so-called testnet phase. That means it is publicly visible but limited to a limited number of partners and participants who can test its infrastructure, and introduce experimental features. In the coming months, the “mainnet” version of Robinhood Chain will be live and used to process customer transactions.

“We currently have Alchemy, LayerZero, Chainlink, and other major crypto players. But going forward, when the mainnet is live, customers can interact directly with it,” said Robinhood’s Crypto SVP, Johann Kerbrat. luck.

Kerbrat added that Robinhood Chain will support transactions in his self-custody crypto wallet, and also in the main Robinhood app. He noted that, at the customer level, blockchain can be a seamless experience and many people don’t even know they’re using it.

The Robinhood Chain itself is built on a technology called Arbitrum, a so-called Layer 2 blockchain that sits on top of Ethereum, and is designed to process transactions in batches to make it cheaper and more efficient. Arbitrum is one of the two dominant Layer 2 technologies in the Ethereum world. The other is called Optimism, and is used by Robinhood’s rival Coinbasewhich appropriates it for its own popularity Based blockchain.

The launch of Robinhood Chain comes as the company pushes for adoption tokenizationwhich CEO Vlad Tenev described last year as a freight train coming to the financial markets. The term describes the creation of various assets into digital tokens, including stocks, which can be traded on a blockchain in the same way as Ethereum.

Robinhood’s blockchain announcement came the same day the company reported fourth-quarter earnings for 2025. Earnings showed fourth-quarter profit of $605 million, or 66 cents a share, beating analysts’ estimates of 63 cents. Robinhood posted weaker-than-expected earnings, however, leading shares to fall in after-hours trading.

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